One firm cashing in on the Biden administration is headed by the brother of a senior White House official, and another bought a lobbying group owned by a top official from the presidential campaign. Two other firms are linked to lobbyists who worked under Biden when he served in previous offices.
The influx of cash to these firms "illustrates the extent to which lobbyists are engrained in the way things get done in Washington," Daniel Auble, a senior researcher at the Center for Responsive Politics, which tracks money in politics, told Fox News.
The most glaring instance of increased revenue through access lies with Washington, D.C.-based firm Ricchetti Inc. Jeff Ricchetti – the brother of Steve Ricchetti, Biden's former campaign chairman who now acts as a counselor in the White House – helms the firm.
Ricchetti Inc. hauled in $1.6 million in lobbying revenue during the first half of the year, a drastic increase from the $365,000 it had pulled in over the first half of 2020, lobbying disclosure forms show.